Capital Alliance Group

Financial Management, Fintech

PRnewswire | March 31, 2023

Proactis, the leading Source-to-Pay software solution provider for mid-market organizations, and Finexio, the leading digital Accounts Payable (AP) Payments-as-a-Service company, today announced a strategic partnership that expands Proactis' end-to-end software platform offerings to include an AP payment solution that controls and optimizes AP spend and cashflow, while eliminating costly, manual processes from business-to-business (B2B) payments. Enabled directly by Finexio&...

Core Banking, Fintech

CSI | February 09, 2023

Computer Services, Inc. (CSI) informed on February 8, 2023, that it helped ECHO Health, Inc. and MOCA Financial, Inc. form relationships with financial institutions to launch banking-as-a-service (BaaS) and payments initiatives by providing a comprehensive suite of prebuilt open APIs. CSI's state-of-the-art API allows for easy, secure, and audited access to a wide range of products, including but not limited to account opening, deposits, savings, payments, cards, identity ve...

finextra | March 20, 2020

More US banks are following the lead of JPMorgan Chase in restricting access to branch-based services as social distancing measures during the virus outbreak come into force. KeyCorp, Fifth Third Bancorp, BBVA USA and PNC have all announced plans to shutter branches and restrict access at many of their sites to the drive-through window only. The moves came a day after JPMorgan circulated plans to shutter a fifth of its branch network, comprising 1000 outlets, in response to the escalating Corona...

Payments, Fintech

Marqeta | January 31, 2023

On January 30, 2023, Marqeta, the world's leading modern card issuing platform, announced that it reached an agreement to acquire Power Finance, Inc. ('Power'), a provider of software for managing credit card programs. The transaction is anticipated to close in the first quarter of 2023, subject to the fulfillment of customary closing conditions. Simon Khalaf, the newly-appointed CEO at Marqeta, expressed, "We're thrilled to welcome the Power team and produc...